It looks like we have hit a ceiling of resistance with mortgage rates.  They are anywhere from .25% to .5% better than at any time in recorded history of Fannie Mae and Freddie Mac.  With this in mind I suggest those of you waiting for something better to take in to account the fact that home values are getting worse and lending standards are getting stricter by the day.  If you are on the fence about refinancing there is not better time tan the present to jump off.  What more could one want than the BEST RATES EVER?  Yea, I do not know either.  please call me with questions about your personal refianance situation.